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Eyeing China deals, NEA names managing director for Asia

04/17/2013

Venture capital firm New Enterprise Associates has named Carmen Chang as partner and managing director for its Asia operation, part of an expanded push into the continent focused initially on China.

The appointment heightens NEA's already substantial Asia presence. The firm, which has major offices in Chevy Chase, has invested more than $400 million in over 30 companies in China since 2003, according to a news release.